SoftBank sells FirstCry stake worth $310 million

SoftBank has sold shares worth $310 million in FirstCry in two rounds. SoftBank had invested $400 million in FirstCry at a valuation of around $900 million.

Japanese conglomerate SoftBank has sold shares worth USD 310 million in omnichannel retailer FirstCry, which is likely to file a draft paper for IPO this week,...